Property Details

97 Donation Street
Kelso, WA 98626
$649,000
MLS# 2514708 courtesy of NWMLS Listing firm: Columbia River Properties Inc.

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97 Donation Street , Kelso, WA 98626, Kelso

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97 Donation Street , Kelso, WA 98626, Kelso

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Multi-Family
Property Type
3,268
Bldg Sq Ft
4
Units
6.60%
Cap Rate
1974
Year Built

Property Overview

Kelso 4-plex. Good rent history. All one level units on a dead end street. Each unit has 2 bedrooms and 1 bath, with single car garage and laundry hookups. Roof was replaced in 2024. Each unit is metered separately for w/s/g and electric. Just over 1 mile to I-5.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending
County Cowlitz
Neighborhood Kelso
Listed Apr 28, 2026

Financial Summary

Cap Rate 6.60%
Net Operating Income $43,320
Gross Scheduled Income $52,500
Gross Rent Multiplier 12.40
Total Expenses $7,605
Vacancy Rate 3.0%

Building & Use

Building Sq Ft 3,268
Leasable Area 3,268 sqft
Total Units 4
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 10,825 sqft
Year Built 1974

Exterior & Lot

Lot Size 0.25 sqft
Year Built 1974
Garage 4 spaces
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved
Exterior Features Wood Products

Location

City Kelso
County Cowlitz
Coordinates 46.15196, -122.90725

Additional Information

Tax Year 2025
Annual Taxes $5,240
Possession Array
Listed By
Chris Fry
Columbia River Properties Inc.

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